A legal entity created to export U.S. manufactured goods to a foreign country. If a FSC meets the qualifications for FSC status- a portion of its income is exempt from current U.S. taxation. There are two types of FSC structures: Commission FSCs and Ownership FSCs.
FOREIGN SALES CORPORATION (FSC)
Meaning of FOREIGN SALES CORPORATION (FSC) in English
Finance-Leasing English vocabulary. Английский словарь финансов и лизинга. 2012